CONSOLIDATION Definition

Bookmark and Share

CONSOLIDATION is similar to refinancing, but there is no loan fee. It simplifies loan repayment by combining several types of federal education loans into one new loan. (In the case of Direct Loan consolidation, the interest rate may be lower than one or more of the underlying loans.).

Learn new Accounting Terms

PACKING LIST is a statement of the contents of a container, usually put into the container so that the quantity of merchandise may be counted by the person who opens the container. Also known as a packing slip.

COST SYNERGY is the savings in operating costs expected after two companies, who compliment each others strengths, join.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.